Explore an exclusive investment opportunity in Aptera Motors, a California-based developer and manufacturer of highly efficient solar electric vehicles.
San Diego, CA — July 17, 2024 – US Capital Global Securities LLC, an SEC-registered affiliate of renowned global financial group US Capital Global, is pleased to present eligible investors with a unique investment opportunity to participate in an investment round of up to $60 million for Aptera Motors Corp. (“Aptera” or the “Company”).
Based in California, Aptera develops and manufactures highly efficient solar powered vehicles, eliminating the need for charging in most daily use scenarios. Aptera’s flagship solar electric vehicle boasts a range of 400 miles on a single 30-minute charge and can achieve up to 40 miles of solar-powered driving per day. Inspired by efficiency found in nature, Aptera features a highly robust and lightweight safety cell made of just 10 pieces, instead of the hundreds found in a typical vehicle. Aptera’s efficiency can be compared to going to the pump, filling up only 1.2 gallons, and being able to travel 400 miles.
“We created Aptera from the ground up with one purpose in mind: to make every journey powered by the Sun,” said Steve Fambro, Co-CEO and Co-Founder of Aptera. “Our unique design allows our vehicle to use only 30% of the energy consumed by other electric and hybrid vehicles on the road today. As a result, each Aptera owner can reduce their carbon footprint by over 11,000 pounds of CO2 annually1. To do this, we’ve created vast intellectual property in lightweight, conformal solar panels, high throughput composite body production, and featherweight zonal architecture systems enabling rapid, high-volume, and cost-efficient production.”
Representing a beacon of positive change and energy resilience in the transportation industry, Aptera has raised over $120 million from the crowd since June 2021, demonstrating the unwavering support of change-makers across the US and worldwide. Humbled and inspired by the resounding endorsement of a new era in solar-powered driving, Aptera is dedicated to advancing solar mobility as the cornerstone of future transportation. Its crowdfunding success underscores its commitment to democratizing innovation, affirming that no force on earth can suppress an idea whose time has come. Building on this achievement, Aptera has partnered with US Capital Global to lead the next phase of fundraising efforts. Aptera sincerely appreciates each investor contributing to shaping a future of emissions-free, efficient driving.
In 2023, nearly 1.2 million US vehicle buyers made the switch to electric, setting a new record for electric vehicle sales. By the end of the year, global electric vehicle sales reached over 14 million units, reflecting a 35% year-on-year increase. Looking forward, the US electric vehicle market is projected to generate $82.8 billion in revenue in 2024 and $161.8 billion in 2028.
“With its significant patent portfolio, which includes over 34 patents in process, Aptera is committed to transforming the automotive industry,” said Charles Towle, CEO at US Capital Global Securities LLC. “Aptera is seeking to raise $60 million in convertible notes to initiate the production of its flagship vehicle. The Company already has substantial order traction, with over 48,000 vehicle pre-orders representing more than $1.7 billion in revenue. For investors looking for opportunities, Aptera offers a compelling proposition in our view. Eligible investors are now invited to participate in this unique $60 million convertible note offering.”
About Aptera Motors
Aptera Motors Corp. delivers the world’s most technologically advanced solar electric vehicles, made possible by breakthroughs in solar technology, battery efficiency, aerodynamics, material science, and manufacturing. Aptera is the first in a series of eco-friendly vehicles that the Company plans to offer for consumer and commercial use. Its vehicle has the ability to travel up to 40 miles a day on free power from its integrated solar panels, unlike any others on the road today. The vehicle’s unique shape allows it to slip through the air using far less energy than other electric and hybrid vehicles today. To learn more, visit https://aptera.us.
About US Capital Global
US Capital Global Securities LLC (“USCGS”) serves as the FINRA-member broker-dealer division of US Capital Global, specializing in facilitating growth-stage investments. Since 1998, US Capital Global has been dedicated to providing lower middle market businesses and investors with sophisticated investment opportunities. For further details about US Capital Global Securities or this investment opportunity, contact Frank Villarreal, Managing Director and Partner, at fvillarreal@uscapital.com or call +1 415-350-4092.
Disclaimer: USCGS or its affiliates may provide advice to, be compensated by, have other business relationships with, or may from time to time acquire, hold, or sell a position in the securities of the issuers mentioned herein. Any offer or solicitation shall be made only pursuant to the confidential private placement memorandum. View USCGS’ Form CRS at www.uscapglobalsecurities.com/crs.html.